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0You have decided to lease an automobile for a three (3) year term on the lease. The security deposit you must put down is $500.00.

0You have decided to lease an automobile for a three (3) year term on the lease. The security deposit you must put down is $500.00. For your savings account you can earn 2.5% if the money you have saved is taken to purchase the car at a price of $32,500. So, if you lease the car your opportunity cost is

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